The best and the brightest from Europe have no incentive to build in Europe when they can do it in America and be compensated and treated far better
The best and the brightest from Europe have no incentive to build in Europe when they can do it in America and be compensated and treated far better
That said, if (or when) the progress of the LLMs flatten out, then I think even Europe can catch up in a few years. If they don’t, and that seems unlikely to me, if the required compute needs to increase at the rate it does today, then I am not sure any of us can predict where society ends up.
For example, Mercedes autonomous driving team is moving ahead at glacial speed, but the system they have so far is excellent and reliable. I'd prefer that over the sad joke Tesla is promoting any day.
I have lived in the UK, in the US and spent significant time running a startup in the Netherlands, and half the family lives there. I have relatives in Spain and in Switzerland. I have helped setup startup subsidiaries on all continents.
Life's not all about the number on your bank account. Once you're past a certain level (which a competent engineer can easily reach in Europe as well), the marginal utility of money diminished quite quickly.